Ordinance
on Financial Institutions
(Financial Institutions Ordinance, FinIO)

(Art. 22 para. 2 and 23 Fin­IA)

¹Col­lat­er­al is deemed to be ap­pro­pri­ate if the ap­plic­able pro­vi­sions on cap­it­al are com­plied with.

²In­so­far as it cov­ers the risks en­tailed by the busi­ness mod­el, pro­fes­sion­al in­dem­nity in­sur­ance may be coun­ted 50% to­wards qual­i­fy­ing cap­it­al.

³FINMA shall reg­u­late the de­tails of pro­fes­sion­al li­ab­il­ity in­sur­ance, in par­tic­u­lar with re­gard to term, no­tice peri­od, the amount of in­sur­ance cov­er, the pro­fes­sion­al li­ab­il­ity risks to be covered and the re­port­ing du­ties.